Boroughs & Burbs 124 || A Look at London with Knight Frank

Welcome to Boroughs & Burbs episode #128 where we join you from the epicenter of the global yachting scene, Ft. Lauderdale, Florida with Julie Jones of Douglas Elliman and Bob Denison from Denison Yachting. 

Are luxury yachts the new real estate investments? Where do these markets intersect and where are the next hot markets?  What percentage of yachts, and super yachts, are available for charter and when do the economics make sense? You won’t want to miss this!

Join us for Boroughs & Burbs #127, a very special episode (on leap year), where we are joined by CEO and President of Douglas Elliman Real Estate, Scott Durkin. Tune in as we delve into his perspectives on the real estate industry's evolution and Douglas Elliman's competitive edge. We will discuss AI, trends, expansion, the role of marketing, real estate teams, transactional vs. relationship selling and much much more!  ​​​​​​​

You won’t want to miss insights into Douglas Elliman's future vision, strategic objectives, expanding market presence and enhancing client experiences that are driving sustainable growth in the years to come.

Join us for the “Wall Street South” Episode #126
of Boroughs & Burbs and explore the fascinating phenomenon
of West Palm Beach, Florida, being referred to as "Wall Street South." This episode features two distinguished guests, Kelly Smallridge, (Development Board of Palm Beach County) and Randi Binder (Douglas Elliman, West Palm Beach) who will ​​​​​​​provide valuable insights into the city's transformation and its growing prominence in the financial industry.

West Palm Beach has experienced a notable influx of financial firms, investment banks, and hedge funds setting up offices, drawing comparisons to the renowned financial hub of New York City's Wall Street. One notable example is CityPlace, a mixed-use complex located in the city's downtown area. CityPlace has become a bustling destination, featuring a wide range of retail shops, restaurants, entertainment venues, residential units, and office spaces, contributing to the revitalization of the downtown area.​​​​​​​

Tune in to Episode #126 of Boroughs & Burbs to gainexclusive insights from Kelly Smallridge and Randi Binder, as they provide a deeper understanding of West Palm
Beach's transformation into "Wall Street South" and its ​​​​increasing significance in the financial industry.

Boroughs & Burbs Episode #125: Manhattan's New Development Market

Welcome to a special edition of Boroughs & Burbs, where we dive deep into the currents shaping New York City's real estate market, with a spotlight on the latest trends in Manhattan's new developments. Episode #125, "Evolving Skylines: Insights into NYC's New Development Market," features an engaging discussion with Stephen Kliegerman and Jason Thomas from Brown Harris Stevens, offering an expert analysis of the Q4 2023 Manhattan New Development Market Report.

Market Dynamics: A Detailed Examination

The report presents a nuanced picture of the Manhattan new development market. Notably, the median price per square foot (PPSF) saw a quarter-over-quarter increase of 2.7%, signaling a resilient demand in certain market segments. However, a slight year-over-year decrease of 0.5% in PPSF suggests a complex interplay of market forces. Meanwhile, the median sales price experienced a robust growth, climbing 1.9% from the previous quarter and marking a 7.8% increase year-over-year, reflecting a sustained interest in Manhattan's new developments despite broader economic uncertainties.

Sales Volume and Sponsor Sales: A Closer Look

A striking aspect of the report is the 29.3% decrease in sponsor sales from the previous quarter, coupled with a 38.9% reduction in total sales volume. These figures indicate a cooling in transaction activity, which could be attributed to a variety of factors, including market saturation, economic headwinds, or a natural cyclical downturn. Despite this, the rise in median sales prices points to a market that values quality and location, with buyers willing to invest in premium new developments.

Neighborhood Spotlight: Diverse Trends Across Manhattan

The Upper West Side stands out as a beacon of activity, capturing 20.14% of Manhattan's new development sales, underscoring its allure among buyers. The report also highlights significant variances across neighborhoods: Midtown East experienced the most substantial quarterly upswing in PPSF and median sales price, suggesting a resurgence of interest or a unique market condition favoring this area. Conversely, the Upper East Side faced the largest downturn, possibly due to shifting buyer preferences or an adjustment in pricing strategies.

Highlight Transactions: Central Park Tower and More

A notable transaction in the report is a sale at Central Park Tower, where a unit sold for $18,077,475 or $5,373.77 per square foot, showcasing the high-end market's vitality. Such transactions, while exceptional, underscore the enduring appeal of luxury developments in prime NYC locations.

Forward-Looking Insights: What's Next for NYC?

As we peer into 2024, our conversation with Kliegerman and Thomas will explore potential market trajectories. With the insights gleaned from the Q4 report, we'll discuss anticipated trends, investment opportunities, and the evolving landscape of Manhattan's real estate market.

Join us on Boroughs and Burbs episode #124 for a Look at London, with our guests Laura Dam Villena, Partner & Head of Hyde Park Sales and Ed Hopkinson-Woolley, Senior Sales Negotiator at the Knight Frank Global Headquarters. As they give a geographical overview of the London Market, we will explore neighborhood by neighborhood what each has to offer and how things are changing. These two experts will give us an economic overview of how the market is doing now and we will hear their forecast for 2024. You won’t want to miss it!

Get Ready for Episode #123: Navigating the Changing Tides of Insurance! 

Join us for an enlightening episode featuring two seasoned insurance experts, Chris Marten from AssuredPartners and Nicholas Phillips from Goosehead Insurance. We're diving deep into the dynamic world of insurance, exploring the latest trends and vital insights you need to know.

🏖️ Coastal Coverage Unveiled: From the Hamptons to Palm Beach, Nantucket to Hilton Head, we'll demystify coastal insurance and provide essential information for homeowners in these picturesque regions.

🌊 Stay Informed: Discover how the insurance landscape is evolving and what it means for you, whether you're a homeowner or business owner. Get the inside scoop on staying protected in an ever-changing world.

Tune in to Episode #123 and stay ahead of the insurance game. Don't miss out!

Get the insurance insights you need to thrive in coastal communities!

Join us on Episode #122 of Boroughs & Burbs, where we're diving into Northern Virginia's allure with our esteemed guests:

🏢 Beyond Government: Shari Gronvall from Compass provides insights into NOVA's diverse economy, going beyond the government sector.

🌄 Hidden Treasures: Laura Bean and the Shively Team from Douglas Elliman reveal the beauty of NOVA's beaches, wineries, and scenic equestrian properties.

💰 Wealth Beyond Measure: Discover NOVA's affluence where three of the top 25 wealthiest U.S. counties call home!

Tune in to Episode #122 and get the inside scoop on Northern Virginia's vibrant real estate scene. Explore the riches of Northern Virginia with our expert guests!

Boroughs & Burbs presents Episode #121: "Beyond the Sale, Life You Love." Join us for a show that is relevant for all agents, entrepreneurs and sales people who are putting together a business plan for 2024. Are we being strategic about our plans for growth? Are our business plans transactional, focused mainly on counting up the sales and hoping for a higher number? Jerri is an author and coach, while Ken has managed agents for decades towards a sustainable work-life balance. We thought January would be the perfect time to talk with these two experts on crafting a better plan for 2024!

Join us this week on Boroughs & Burbs as we wrap up an eventful year in New York City's real estate market and set our sights on what lies ahead in 2024. In this special year-end recap, we're taking a deep dive into the trends, challenges, and opportunities that defined the past year in NYC real estate. Our seasoned experts, Roberto Cabrera and Jonathan Miller from Miller Samuel, bring their unparalleled insights to the table. From shifting market dynamics and pricing trends to the impact of external factors, we'll provide a comprehensive analysis to help you make informed decisions in the year to come. So whether you're a buyer, seller, or just curious about the state of the NYC real estate scene, tune in to get the inside scoop on what's in store for the Big Apple in 2024. Don't miss this episode of Boroughs & Burbs – your go-to source for all things real estate in the city that never sleeps.

Welcome to Boroughs & Burbs Season 4! We kick off with Episode 119, "New Canaan Living," featuring a fantastic lineup of guests:

Jacqueline deMontravel: An editor and publisher, Jacqueline directs publications like Darien Living and New Canaan Living. She's also an accomplished author and stylist with a keen eye for design.

Christa Kenin: A former NY attorney turned CT real estate agent, Christa combines marketing and legal experience in her real estate practice. She's also served in local government and knows New Canaan inside out.

Join us as we delve into the essence of New Canaan, exploring its history, real estate market, lifestyle, and how it has evolved in recent times. Get ready for a season of engaging discussions on real estate and living in various vibrant communities!